Artificial Intelligence: Fast Growing Industry

THIS MORNING, I SPOKE OUT LOUD TO A DEVICE IN MY kitchen, told it to call a Car to take me to the office. As I was getting ready, it warned me to leave early due to traffic congestion on the way. A car showed up a few minutes later, and my smartphone buzzed to let me know it had arrived. And in a few years, that car might very well be driving itself.

Everything is amazing, everything is horrible, and it’s all moving too fast. We are heading hurriedly toward a world shaped by technology in ways that we don’t understand and have many reasons to fear.

But History tells us technology kills professions, but does not kill jobs. We will find things to work on that we couldn’t do before. But now we can accomplish this with the help of today’s amazing technologies.

The era of Artificial Intelligence has arrived, and we need to respond to this new challenge

How to achieve this???

IT’S NOT AS HARD AS YOU THINK.

Here are some steps to follow:

1. WATCH THE LEADERS
2. UNDERSTAND WHAT HAS MADE THE AI DEVELOPMENT SO POWERFUL
3. FUTURE JOBS
4. DEVELOP SKILLS FOR FUTURE JOBS

AI is s already an integral part of consumer and enterprise products of technology players like Google, Amazon, Apple and others.

10 largest tech companies have acquired 50 AI companies in the last 5 years, targeting facial recognition startups, chatbots, chip makers, and more.

IDC forecasts that worldwide spending on AI hardware, software and services will jump to $58 billion by 2021, up from just $12 billion in 2017.

As per Gartner’s survey of 3,160 CIOs from 98 countries, by 2020, 85% of CIOs will be piloting AI programs through a combination of buy, build and outsource efforts.